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New version applies from 20/03/2008 — introduced by Directive 2008/20/EC. 50 provisions change. Later versions: 30/10/2009, 04/01/2011. Recital 34 changes in this version: compare with the current text.

Recital 34

Recital 34

(34)Persons who merely convert paper documents into electronic data and are acting under a contract with a credit institution or a financial institution do not fall within the scope of this Directive, nor does any natural or legal person that provides credit or financial institutions solely with a message or other support systems for transmitting funds or with clearing and settlement systems.

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